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Phoenix boosts economics for Empire mine

An updated economic model for Phoenix Copper’s Empire mine in Idaho has boosted the project’s post-tax NPV by nearly 60% to US$88 million, with the IRR rising from 33% to 47%.

Phoenix boosts economics for Empire mine Phoenix boosts economics for Empire mine Phoenix boosts economics for Empire mine Phoenix boosts economics for Empire mine Phoenix boosts economics for Empire mine

Phoenix Copper's Empire mine in Idaho, US

The new economic model outlines an initial ten-year life of mine, processing 14.3 million tonnes of measured and indicated ore at a 0.5% copper cut-off grade at the past-producing openpit mine.